Mar 14, 2026

by

Meghan Reynolds

LPs Are Trapped in a Three-Company Cycle as AI Dominates All VC Profits

Three LLMs now account for 70% of all VC profits from the previous decade.

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Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.

Substack

Linkedin

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Main

home

Podcasts

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Events

Reports

Soon

about us

Community

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Murph capital is a new media and community for the next generation of emerging managers and allocators

PROUDLY builT IN USA

HANDCRAFTED by:

@Grivitsky

© All Rights Reserved.
Murph Capital Digital, LLC. 2026.

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Soon

about us

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